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What is the faceless income tax assessment scheme launched today?
short by Krishna Veera Vanamali / on Thursday, 13 August, 2020
Prime Minister Narendra Modi today launched a faceless income tax assessment scheme to eliminate the human interface in the assessment system. Cases for scrutiny will be allocated randomly and notices will be issued centrally with a Document Identification Number (DIN). Exceptions to the scheme include cases of serious frauds, major tax evasion, international tax and black money.